Jump Financial LLC Has $1.60 Million Stock Position in Dine Brands Global, Inc. (NYSE:DIN)

Jump Financial LLC cut its holdings in Dine Brands Global, Inc. (NYSE:DIN - Free Report) by 39.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,052 shares of the restaurant operator's stock after selling 34,585 shares during the quarter. Jump Financial LLC owned approximately 0.35% of Dine Brands Global worth $1,597,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Dine Brands Global by 164.7% in the third quarter. JPMorgan Chase & Co. now owns 95,399 shares of the restaurant operator's stock worth $2,979,000 after acquiring an additional 59,360 shares during the last quarter. Cibc World Market Inc. raised its position in shares of Dine Brands Global by 640.6% in the fourth quarter. Cibc World Market Inc. now owns 495,176 shares of the restaurant operator's stock valued at $14,905,000 after buying an additional 428,319 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Dine Brands Global by 50.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 29,686 shares of the restaurant operator's stock worth $909,000 after purchasing an additional 9,910 shares during the period. Barclays PLC boosted its stake in Dine Brands Global by 135.4% in the 3rd quarter. Barclays PLC now owns 35,946 shares of the restaurant operator's stock worth $1,123,000 after buying an additional 20,673 shares during the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in Dine Brands Global in the fourth quarter valued at approximately $447,000. 92.83% of the stock is currently owned by institutional investors and hedge funds.

Dine Brands Global Stock Performance

Shares of Dine Brands Global stock traded down $0.26 during trading on Friday, reaching $19.97. The company had a trading volume of 130,196 shares, compared to its average volume of 573,977. The company has a market cap of $312.17 million, a price-to-earnings ratio of 3.32 and a beta of 1.44. Dine Brands Global, Inc. has a fifty-two week low of $18.63 and a fifty-two week high of $46.26. The firm's fifty day moving average is $23.37 and its 200-day moving average is $28.26.

Dine Brands Global (NYSE:DIN - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The restaurant operator reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by ($0.48). The business had revenue of $204.80 million for the quarter, compared to the consensus estimate of $200.75 million. Dine Brands Global had a net margin of 11.31% and a negative return on equity of 37.75%. Dine Brands Global's quarterly revenue was down .7% on a year-over-year basis. During the same period in the prior year, the company earned $1.40 EPS. On average, research analysts anticipate that Dine Brands Global, Inc. will post 5.84 EPS for the current fiscal year.

Dine Brands Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were given a $0.51 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.04 dividend on an annualized basis and a yield of 10.22%. Dine Brands Global's dividend payout ratio is presently 48.46%.

Analysts Set New Price Targets

DIN has been the topic of a number of research reports. Sanford C. Bernstein set a $26.00 price objective on Dine Brands Global in a report on Thursday, March 6th. Truist Financial reduced their price objective on Dine Brands Global from $37.00 to $27.00 and set a "hold" rating on the stock in a research note on Thursday, March 6th. Wedbush lowered their target price on Dine Brands Global from $28.00 to $26.00 and set a "neutral" rating for the company in a research note on Thursday, March 6th. UBS Group reduced their price target on Dine Brands Global from $32.00 to $25.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Finally, KeyCorp decreased their price target on Dine Brands Global from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $28.29.

Dine Brands Global Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Solutions, Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.